[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.05.22 11:24
• [China takes the lead in opening up 6G test frequency]
• The Ministry of Industry and Information Technology has approved the license for the use of 6G test frequency in the 6GHz frequency band, making China the first country in the world to receive approval for this test frequency. This golden spectrum has sufficient bandwidth and outstanding advantages, which can help 5G smoothly evolve towards 6G. China has advanced the layout of 6G spectrum and technology research and development, completed the first round of key technology trials, and is currently advancing the second phase of trials. According to the plan, China will deepen its research and production of 6G in the 15th Five Year Plan period, launch commercial use by 2030, and achieve large-scale deployment by 2035, with the potential to form a trillion dollar 6G industry market.Editor/Gong Ziwei

• 2026.05.22 11:17
• [China's electric vehicle charging facilities reach 21.955 million]
• On May 21, 2026, the National Energy Administration released data on electric vehicle charging facilities nationwide for April 2026. According to the data from the National Charging Facility Monitoring Service Platform, as of the end of April 2026, the total number of electric vehicle charging infrastructure in China reached 21.955 million, a year-on-year increase of 47.4%. Among them, there were 907000 public charging facilities, a year-on-year increase of 29.6%. The total rated power of public charging piles reached 237 million kilowatts, with an average power of about 48.38 kilowatts; There were 17.048 million private charging facilities, a year-on-year increase of 53.5%, and the reported installed electricity capacity of private charging facilities reached 149 million kilovolt amperes.Editor/Gong Ziwei